Is Cowlitz County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cowlitz County has remained a Seller's Market.
Housing Prices in Cowlitz County, WA
How much do homes in Cowlitz County, WA cost?
Median Sold Price
$399,601
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cowlitz County was $399,601 in May 2024, up 2.4% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $206K | $249.4K | +21.1% |
2 Bedrooms | $280K | $299K | +6.8% |
3 Bedrooms | $391.7K | $399.9K | +2.1% |
4 Bedrooms | $476.3K | $479.9K | +0.8% |
5+ Bedrooms | $500K | $497.4K | -0.5% |
Summary: Cowlitz County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Counties
Skamania County | $510K | $550K | +7.8% |
Clark County | $524.2K | $539.7K | +3.0% |
Cowlitz County | $390.1K | $399.6K | +2.4% |
Columbia County | $439.5K | $450K | +2.4% |
Lewis County | $399.9K | $400K | 0.0% |
Housing Supply in Cowlitz County, WA
How many homes are available in Cowlitz County, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
670 | 733 | +9.4% |
Summary: The Cowlitz County real estate market had 733 homes for sale in May 2024, a 9.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 13 | 0.0% |
2 Bedrooms | 110 | 114 | +3.6% |
3 Bedrooms | 331 | 358 | +8.2% |
4 Bedrooms | 177 | 197 | +11.3% |
5+ Bedrooms | 39 | 51 | +30.8% |
Summary: The Cowlitz County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 30.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
182 | 162 | -11.0% |
Asking Price vs. Sold Price
71 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Summary: A total of 162 homes were sold or pending in Cowlitz County in May 2024, down by 11.0% month-over-month. Of the 162 sold homes, 44% were sold under asking, 26% were sold at asking, and 30% were sold over asking.
Days on Market for Cowlitz County, WA
How long does it take to sell a home in Cowlitz County, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 47 Days | +0.9% |
Summary: Homes in Cowlitz County had an average of 47 days on market in May 2024, up by 0.9% compared to last year.
Breakdown of Home Sale Times
99 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
25 Homes Were Sold
Over 90 Days
Summary: During May 2024, 162 homes were sold in Cowlitz County; 61% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.